Date: 04/09/2019

New Atlantic Grupa Management Board for New Growth

As of October 1, 2019, Atlantic Grupa's Management Board will be expanded to six members, comprising President of the Management Board Emil Tedeschi and members Neven Vranković, Zoran Stanković, Lada Tedeschi Fiorio, Srećko Nakić and Enzo Smrekar.

The strengthening of the Management Board is a logical continuation of the process of defining the corporate strategy and priorities in the further development of the Company, which started in February last year.

Through the review of overall business practices and the definition of strategy and corporate priorities, areas have been identified that underpin the transformation for the future, as well as key drivers of growth, to which overall organization will be adapting, starting with the organization of the Management Board. Key areas include the development of distribution, a focused international expansion of Atlantic Grupa's portfolio, and mergers and acquisitions. As a Member of the Management Board,

Lada Tedeschi Fiorio will have the responsibility for Business Development and Strategy. She will leave the Supervisory Board due to assuming the new position, which is incompatible with membership of Supervisory Board of the Company. Srećko Nakić, as a new member of the Management Board, will take care of the overall distribution, while Enzo Smrekar will have the responsibility for managing the Argeta and Donat Mg brands, which have the highest international potential within the Atlantic Grupa portfolio.